Philippines’ Tetangco sworn in for second term

amando-tetangco

Amando Tetangco, the governor of the Central Bank of the Philippines, was on Monday reappointed as governor of the central bank.

Fe de la Cruz, the director of communications at the Central Bank of the Philippines, told CentralBanking.com that Tetangco had been sworn into office by Filipino president Benigno Aquino III for an "unprecedented" second six-year term.

This is the first time since the central bank was reestablished as an independent monetary authority in 1993 under a new charter that

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